NOT LISTED FOR SALE

Estimated Value: $422,000 - $550,975

4 Beds
2 Baths
1,620 Sq Ft
$303/Sq Ft Est. Value

Last Sold December 08, 2014

Last sale price $76,900 $47 Per Sq Ft

Est. 538% increase in value since last sale

Current estimated payment $3,344/month

70 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Woodwork
  • Washburn High School Rated A-
  • 1 Car Detached Garage

About This Home

As of December 2014

UP AND DOWN DUPLEX, EACH UNIT HAS 2 BR / 1 FULL BA, BREAKFAST BAR IN MAIN LEVEL KITCHEN, FIREPLACE, HARDWOOD FLOORS, 1 CAR DETACHED GARAGE.

Last Agent to Sell the Property

Andrew Krenzer

Advisors Realty Inc. Listed on: 09/10/2014

Co-Listed By

Nicole Sather

Advisors Realty Inc.

Last Buyer's Agent

Tony Miller

Better Homes and Gardens Real Estate All Seasons

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x117
  • Few Trees

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Home Design

  • Duplex
  • Stucco Exterior

Interior Spaces

  • 1,620 Sq Ft Home
  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Additional Features

  • Property is near public transit
  • Radiant Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Construction: Previously Owned
  • Projected Closed Date: 12/05/2014
  • Street Designation: Avenue
  • Taxes With Assessments: 2621
  • Estimated Number of Acres: 0.11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1620
  • Total Fin Square Footage: 1620

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Stucco
  • Exterior Amenities: Driveway - Concrete, Driveway - Shared

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Heat: Radiant

Schools

  • School District: Minneapolis #1

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 40x117

Building Info

  • Year Built: 1917

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2014
  • Tax Value: 2621

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2020
Sold by
Farag Joseph and Boe Ainsley Mae
Bought by
Farag Joseph and Boe Ainsley Mae
Current Estimated Value
$490,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$112,906
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$378,088

Purchase Details

Closed on
May 12, 2016
Sold by
Investors Capital Llc
Bought by
Farag Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2015
Sold by
Raimis Construction Llc
Bought by
Investors Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 10, 2014
Closed on
Nov 25, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Raimis Construction Llc
Seller's Agent
Andrew Krenzer
Advisors Realty Inc.
Buyer's Agent
Tony Miller
Better Homes and Gardens Real Estate All Seasons
List Price
$89,900
Sold Price
$76,900
Premium/Discount to List
-$13,000
-14.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.23%
Original Mortgage
$90,000
Interest Rate
12%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 6, 2014
Sold by
Ramsey John B and Ramsey Iris A
Bought by
Jpmorgan Chase Bank National Association
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farag Joseph -- None Available
Farag Joseph $325,000 Midland Title
Investors Capital Llc -- Entitle Inc
Raimis Construction Llc -- Stewart Title
-- $76,900 --
Federal Home Loan Mortgage Corporation -- None Available
Jpmorgan Chase Bank National Association $124,752 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farag Joseph $155,000
Closed Farag Joseph $175,000
Previous Owner Investors Capital Llc $150,000
Previous Owner Raimis Construction Llc $90,000
Previous Owner -- $76,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2014 12/08/14 Sold $76,900 -14.5% $47 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $89,900 -- $55 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,311 $549,000 $80,000 $469,000
2022 $6,555 $526,000 $80,000 $446,000
2021 $5,451 $473,000 $53,000 $420,000
2020 $5,438 $408,000 $33,000 $375,000
2019 $5,039 $378,000 $22,000 $356,000
2018 $4,334 $337,500 $22,000 $315,500
2017 $3,074 $164,000 $20,000 $144,000
2016 $3,448 $152,000 $20,000 $132,000
2015 $12,159 $132,000 $20,000 $112,000
2014 -- $120,000 $20,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4673047

REALTOR® Association of Southern Minnesota

APN: 11-028-24-22-0138